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Jolly Stampi #2

presented by October Italy

€100,000

6.7%

36 months

C

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location

Location

Bettoletto, Italy

activity

Activity

Industry

Presentation of the company

Created in 1974, JOLLY STAMPI S.R.L. is active in the die casting moulds sector. The company, managed by Gianfranco Orioli, has 44 employees and is based in Bedizzole.

Mr. Gianfranco Orioli, managing director, has overall 20 years of professional experience in the sector.

The company’s main activity is the design and production of die casting moulds.

The company works with mainly german carmakers.

Project Description

The company requests 100 000 € to finance the commercial expansion to reach new customers. This project will be realised in the next few months.

As a reminder, the October lending community supported Jolly Stampi in December 2019 with 200. 000 € to finance the commercial expansion and recruitment of new technical resources.

At least 25% of the risk of this loan is covered by a guarantee from the Republic of Italy via the Fondo di Garanzia PMI.

As part of their future investment plan, the borrower may come back to the October platform within the coming quarter, up to a maximum exposure of 300 000 €. Our analysis takes this into account; the rating of the borrower would not be affected, while the FCCR would become 1.02.

The amount offered on the platform is limited to 49 000 €, which is in line with the regulatory limits.